Toshiba will pay $87 million for price fixing

Class action accused company of antitrust violations in LCD market

A California jury decided Tuesday that Toshiba Corp. is guilty of price fixing and must pay a total of $87 million in damages.

Customers brought a class action suit in which they accused the electronics company of engaging in anti-competitive practices and conspiring with other companies in the liquid crystal display (LCD) market to fix prices of LCD products. Most of the other companies settled the allegations against them, but Toshiba decided to take the case to trial.


Cathleen Flahardy

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